Media Coverage
Garland Warehouse is Last Stop for Unwanted Gifts
More and more people are rejecting what they received under the Christmas tree in record numbers of gift returns hitting American retailers, but often those gifts don't end up back on the store shelves.
Actually a lot of those unwanted gifts end up on places online like Liquidation com where one person's rejected present can quickly become a treasure call. It's the gift that keeps giving just ask the folks at this Garland warehouse.
So this was someone's Christmas gift very likely and now it ends up here. Very much so it will end up being into somebody's great after Christmas bargain from blenders to TVs to iPads it's all here at Liquidity Services Garland warehouse.
If you wanted a hot tub or a 70 inch flat screen TV, where America's biggest retailers, including Walmart, unload much of those returned gifts here. It's unpacked, sorted, tested and later resold by the pallet on an online auction for up to 60 percent less to folks like Darrell Johnson who bought a box of computer games and cell phone charges for $150. He hopes to sell for $500.
"So you make money doing that?"
"Right we make good money really good."
Laid off from his IT job, Johnson started shopping on Liquidation.com and reselling gadgets online through sites like eBay. "You can make more money doing this as far as on your own time with few hours." A record 40% of Americans are expected to return a gift this year, reselling all that stuff is often too much work for stores so they simply unload it here and get a cut.
"Later we're expecting almost a 50% jump in our inbound volumes from what we saw last year. The catch? It's all resold in bulk and they don't accept any returns."